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Michael Showalters path to success in Hollywood has as many plot twists as the movies he directs, which include the hit romantic comedy "The Big Sick." . . more
Ameriprise Financial Services Inc will pay $4.5 million to settle charges that it failed to safeguard client assets after five of its representatives allegedly stole more than $1 million, the U.S.... . . more
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this... . . more
William Ackman's Pershing Square Capital Management trimmed its stake in Automatic Data Processing by selling 3.7 million common shares in the second quarter, a regulatory filing on Tuesday showed. . . more
Warren Buffett's Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel's Teva Pharmaceutical Industries Ltd during the second quarter and confirmed it has expanded... . . more
Hedge fund Starboard Value said on Tuesday that it sold half of its stake in consumer products company Newell Brands, whose chief executive officer it sought to replace, about four months after... . . more
Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United... . . more
Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow. . . more
Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk announced his plan to take the... . . more
Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the third-biggest U.S. bank moved to improve results. . . more
(This version of the August 9 story corrects name in paragraph 19 to Jamie Hopkins from Jeremy Hopkins) . . more
A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have funneled millions of dollars into private prisons, saying the companies... . . more
Billionaire investor Daniel Loeb's hedge fund made a string of new investments in the information technology sector, including buying 10.7 million shares of NXP Semiconductors NV, during the second... . . more
William Ackman's publicly traded hedge fund is outperforming the broader stock market this year, fueled by rising prices at Chipotle Mexican Grill and Automatic Data Processing Inc, the billionaire... . . more
Working longer can boost the odds of a secure retirement - that is an article of faith in retirement planning circles these days. . . more

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